Fordney-McCumber Tariff Law
In 1922, Congress passed the Fordney-McCumber Tariff Law. As a result, foreign tariff 's became as high as 38.5%. This was designed to equalize the price of American and Foreign products
Subject:
Chapter 35 - The Politics of Boom and Burst
Kellogg-Briand Pact
(1929) created by Frank B. Kellogg and Aristide Briand, this pact promised to never make war again and settle all disputes peacefully. Sixty-two nations signed this pact. The treaty was hard to enforce and had no provisions for the use of economic or military force against a nation that may break the treaty.
Subject:
Washington conference
The Washington Conference 1921-1922 was a meeting between most major world powers. This conference was for the disarmament of these countries. This meeting also prevented the U. S. and Britain from fortifying their Far East possessions and established the Four Power treaty. The major powers promised to preserve the status-quo in the Pacific. Reduced the number of large battleships for the major powers.
Subject:
Ohio Gang
A group of poker-playing, men that were friends of President Warren Harding. Harding appointed them to offices and they used their power to gain money for themselves. They were involved in scandals that ruined Harding's reputation even though he wasn't involved.
Subject:
Alfred E. Smith
He ran for president in the 1928 election for the Democrat Party. He was known for his drinking and he lost the election to Herbert Hoover. Prohibition was one of the issues of the campaign. He was the first Roman Catholic to run for president, and it was during a time many people were prejudice toward Catholics.
Subject:
Robert La Follette
A senator from Wisconsin who ran for the presidency of 1924 on the Progressive party's ticket. Their platform called for government ownership of the railroads and relief for farmers and it lashed out at monopolies. He lost however to Coolidge.
Subject:
John W. Davis
John W. Davis: Democratic convention nominee in 1924 against Coolidge. He was a wealthy lawyer connected with J.P. Morgan and Company. Coolidge easily defeated Davis.
Subject:
Calvin Coolidge
became president when Harding died of pneumonia. He was known for practicing a rigid economy in money and words, and acquired the name "Silent Cal" for being so soft-spoken. He was a true republican and industrialist. Believed in the government supporting big business.
Subject:
Charles R. Forbes
In 1923 he resigned as head of the Veteran's Bureau. He swindled $200 million from the government in building Veteran's hospitals. He was sentenced to two years in the penitentiary. This was part of the Harding scandal and the "Ohio gang"
Subject:
Harry M. Daugherty
Attorney General during the 1922 strike against the Railroad Labor Board. The strike ended when Daugherty stopped the strikers in one of the most sweeping injunctions in American history. He was a member of Harding's Ohio Gang. He was accused of the illegal sale of pardons and liquor permits. He was forced to resign. He was tried but a jury failed to convict him.
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